For mortgage loans up to $1 million, taxpayers can now deduct all the interest.

The wealthiest taxpayers can now deduct 35 percent of the interest.

The second taxpayer can deduct only one half the interest (because $100,000 qualifies as home equity).

The couple have unreimbursed medical expenses of $4,153 (Line 1) but like most taxpayers cannot deduct them.

In 1999, taxpayers could deduct $2,750 from their adjusted gross income for each dependent.

If a realized loss is not described below, an individual taxpayer cannot deduct the loss.

Last year, taxpayers could deduct 65 percent of consumer loan interest.

The proposal limits the amount of state and local income taxes that taxpayers could deduct on their Federal returns.

The measure would also let self-employed taxpayers deduct the full cost of medical insurance premiums.

This year, taxpayers may deduct 65 percent of interest paid on personal loans.